Huayu: A Commercial Director

Chapter 280 A Major Earthquake in the Film and Television Industry: The Dark Ages Have Arrived

The meal lasted a long time, continuing until after 4 p.m.

Of course, Chen Shouzhe and Lao Wang drank quite a lot, but Xiao Wang didn't drink much; he couldn't outdrink either Chen Shouzhe or Lao Wang.

Old Wang is a bit old, but he has a good alcohol tolerance and is a veteran who has been tested on the battlefield for a long time.

Xiao Wang helped Lao Wang into Chen Shouzhe's car. For some reason, after Chen Shouzhe's car drove away, both Lao Wang and Chen Shouzhe's eyes became much clearer.

"It's finally done." Chen Shouzhe exhaled a breath of alcohol. There were two people sitting in the front: the driver and Chen Shouzhe's assistant, Xiao Fang.

They were all Chen Shou's close associates, who had followed him for many years and knew him well.

The two had one advantage: they weren't talkative. Chen Shou muttered something to them but they didn't respond. If it were Guo Qilin, he definitely wouldn't have been able to resist asking, "What happened?"

Guo Qilin is a typical chatterbox; you can tell from his crosstalk performances that he often skirts the line when he responds.

Old Wang let go of Xiao Wang's hand and said, "If you were half as good as him, that would be enough."

"I'll try my best," Xiao Wang said expressionlessly.

"The next step is to connect. Compared to Alibaba, Chen Shouzhe is indeed more reliable. Over the years of cooperation, he has never let us suffer losses; on the contrary, we have been relying on him to make money," Lao Wang said.

"It's a powerful alliance. Other companies wouldn't be able to bring about such improvements, and it might even save a lot of stocks," Xiao Wang nodded.

"I didn't expect him to be so decisive at such a young age, and to actually have so much money. I had heard that he had invested in many companies and enterprises, but now it seems that I underestimated him in some ways." Old Wang shook his head.

He was also shocked by Chen Shouzhe's actions. When Chen Shouzhe actually took out so much money, he almost thought that Chen Shouzhe had robbed a bank.

In order for the group to continue, cooperation between the two parties is necessary, and he has already agreed.

The rest is up to the signing of the contract.

This is absolutely fantastic news for Wanda Pictures shareholders.

Just look at what happened to Enlight Media; Wanda Pictures has been suspended from trading for a while, so perhaps it will be able to return.

For a week, everyone was working hard to promote their films for the Spring Festival. Stephen Chow appeared with his Mermaid, and Chan Sau-cheung cooperated in doing a wave of promotion.

Guo Fan brought The Wandering Earth to the screen, and Chen Shou also took charge. Both films were written by him, and both films bore his name.

Chen Shouzhe will definitely praise it highly; the female lead of The Mermaid is still hot.

When Stephen Chow publicly announced his project, he wanted to bolster his confidence so he could negotiate with Chan Sau-cheung. However, Chan Sau-cheung didn't give him any face and instead took the lead role of the female lead.

The male lead was chosen from Deng Chao, and the rest of the roles were irrelevant.

He can use her however he wants. Chen Shou can take the lead role anyway. Dilraba finally has a leading role in a big-budget production. Although she has received many offers for movies, top-tier actresses don't accept just any movie role, as it could damage their commercial value.

What if she transforms into a fairy from heaven and earth?

The film initially planned to hold open casting calls, and many actresses expressed their desire to participate. However, it turned out they were mistaken. With Chen Shou involved, the female lead would definitely be one of the three women around him.

Guo Fan's movie promotion will definitely highlight the movie's special effects, emphasizing that the movie is supervised and produced by Chen Shouzhe, and is an epic hard science fiction masterpiece.

It refers to using engines to push the Earth away from its original orbit.

At the same time, Chen Shouzhe also released a novel, and like Investiture of the Gods, he held a live book signing.

February 5th is ten days away from Lunar New Year's Eve. The film and television industry's promotional activities have entered a fever pitch, with multiple premieres held on the 3rd and 4th.

The Mermaid was held on the 3rd, and The Wandering Earth on the 4th. Both were unprecedented in scale. After watching these two movies, three other films immediately announced their withdrawal from release.

Suddenly everyone knew that this year's Spring Festival film season would feature two strong films produced by Shouzhai Film Studio, which were likely to become the two ends of a crushing machine, shattering all other films.

However, just as major entertainment media outlets were reporting on the upcoming films to be released during the Lunar New Year season, an announcement from Wanda Group sent shockwaves through the entire film and television industry.

This also attracted the attention of the mainland business community, who focused their attention on Wanda Group and Chen Shouzhe.

[Wanda Group Announcement: For the healthy development of the company, Wanda Pictures, a subsidiary of Wanda Group, has reached an investment agreement with Shouzhe Pictures. Shouzhe Pictures will acquire 25.54% of Wanda Pictures' shares at a price of 51.96 yuan per share, becoming Wanda Pictures' second-largest shareholder. The total acquisition price is 156 billion yuan. Wanda Pictures will resume trading and listing after the Chinese New Year.]

The film and television industry was completely stunned by this news.

He held onto the film industry, acquired Wanda Pictures stock, and became Wanda Pictures' second-largest shareholder.

Originally, Wanda Pictures owned 60.86% of the company, but now it has sold 25.54%. Although it is still the largest shareholder, Wanda Pictures is the number one cinema chain in the country.

Shouzhe Pictures is the number one film production company in China. People have never regarded Shouzhe Pictures as a giant because Chen Shouzhe only knows how to bury himself in making movies and has never considered taking the company public.

They did invest in other companies, but Enlight Media refused; they only have shares in Yang Mi's company.

Now things are great. We have a cinema chain, and it's the number one cinema chain company. It's like we're invincible now, and we have a say in film scheduling.

Both the business community and the film and television industry were stunned by this news.

Wang Changtian almost fainted upon receiving the news. He had previously thought that Chen Shouzhe had simply distanced himself from Guangxian and that there would still be opportunities to cooperate in the future, since Guangxian was truly remarkable.

The acquisition of a quarter of Wanda Pictures' shares for 154 billion yuan means that Chen was essentially running a one-man company, meaning he paid for the entire investment himself, making him the second-largest shareholder.

Anyone in China with even a basic understanding of finance knows that Wanda Group is already on the verge of a betting agreement.

Unexpectedly, Chen Shouzhe produced 154 billion yuan in one go, and this money was definitely in cash.

Chen Shouzhe was hailed as the number one person in the film and television industry when it comes to cash flow, and now it seems that he was absolutely right.

Wanda definitely won't take out loans; she'll want cash, since they need to repay their debts.

"154 billion... This is what you call not having enough money? That's enough to buy the entire Enlight Media Group. What have I done?" Wang Changtian wanted to slap himself, thinking about how refusing Chen Shouzhe last year caused Enlight Media's stock price to plummet.

They went to Chen Shouzhe to plead for him, but Chen Shouzhe said he had no money. Now it seems he didn't have no money at all; he used the money to buy a more expensive company and no longer had any interest in Guangmang.

The company excels in publicity and advertising.

To be honest, Wanda Pictures isn't much better than its theater chain; it relies entirely on its parent company's massive real estate and theater chain business to drive its growth. Its high market value comes from its parent company's vast real estate and theater chain operations.

The strongest film production company in mainland China now owns the largest cinema chain and has become the second largest shareholder. It may even become the largest shareholder in the future.

All the executives of the film and television production companies felt a sudden darkness before their eyes.

How will we block Chen Shouzhe's movies in the future? Or will we do the same as the three movies scheduled for this year's Spring Festival and withdraw them from the release?

The Dark Ages have arrived!

(End of this chapter)